North America:
Toyota becomes an investor and founding member of IONNA, the North American DC charging network. (link) BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis are the other 7 members. IONNA plans 30k chargers in North America by 2030.
ChargePoint is teaming up with LG Electronics to install more EV charging stations in the US, with ChargePoint providing the software and LG the hardware. (link)
Porsche partners with ChargePoint to integrate the network into the Porsche Charging Service. (link)
WeaveGrid partners with Emporia Energy to integrate WeaveGrid’s software into Emporia chargers.
Rivian partners with Octopus Energy. (link) All Rivian customers in those parts of Texas where Octopus is an eligible energy provider will be offered a time-of-use energy rate plan with an overnight off-peak discount of up to 50%.
Bluedot partners with Verra Mobility to offer fleet customers its ability to find, charge, and automatically pay for charging at over 80% of public charging stations in the US. (link)
Xcharge partners with Kaptyn to replace its current 10 L2 chargers with 8 of Xcharge’s fast chargers in its Las Vegas facility. Kaptyn is a luxury private driver service and has a fleet of 100 EVs throughout the US, with 55 of them in Las Vegas. (link)
Mercedes is now listed at Tesla. com/NACS as one of the ‘Coming Soon’ automakers getting access to the Superchargers. Ford and Rivian are already supported, while GM, Volvo, and Polestar are listed as coming soon.
Europe:
E.On and MAN partner to deploy 170 truck charging locations in Europe, with the first site launching this year and 80 by the end of next year. (link) These will be built along the existing MAN service bases. 125 of the 170 sites will be built in Germany, and the rest in Austria, the UK, Denmark, Italy, Poland, the Czech Republic and Hungary. As with other such developments, they too start with 400kW CCS and retrofit to MCS once it becomes available.
About 2,000 of the Netherlands’ current 4,131 gas stations are likely to close in the next five to 10 years as electric cars start to take over the market, according to ING Research. (link)
Bolt partners with Electra to offer Bolt drivers in France exclusive discounts at Electra stations: 0.25€/kWh including VAT at its charging stations (which is indeed surprising from the driver's standpoint).
Elsewhere
Virta partners with Gentari (a subsidiary of Malaysian Petronas Group) to expand EV charging infra in Southeast Asia. (link) Gentari has 2,400 charging points available across Malaysia, Thailand, and Singapore, planning another 2k by the end of 2024.
Li Auto has signed an agreement with China’s largest oil company, China National Petroleum Corporation (CNPC), to roll out charging infrastructure at its stations. Context: As of June 17th, Li Auto has constructed 448 “supercharging stations” with a total of 2,016 charging piles nationwide. By the end of 2024, the company plans to install over 2,000 Li’s charging stations and 10,000 charging piles at CNPC service stations. (link)
Huawei Technologies creates an alliance for a super-fast charging network in China, including BYD and 10 other EV makers. (link) At a true China speed, they seem to plan to install 100k chargers, including ultrafast units, this year.
IM Motors partners with NIO to access its charging network. (link) Nio has one of the largest charging networks in China. (link) As of May 30, the company had 3,863 charging stations in China, providing 22,551 charging piles. Earlier this month, GAC Aion’s brand Hyper joined the network.
Paua partners with Motability Operations to offer the customers of the UK’s largest fleet owner, Motability, an easy one-stop solution for accessing and paying for over 70% of all rapid chargers across the UK, with no subscription fees.
Global News Roundup
Some of the legacy automakers slowing down their EV plans:
GM postpones the Orion Assembly factory production of Chevy Silverado EV and GMC Sierra EV again, now until mid-2026, 1.5 years later than initially planned (link). GM now says aims to produce 200,000 to 250,000 EVs this year, focusing on existing battery cell plants. For context, its brands sold just 38,355 EVs in the first half of this year in the US.
Ford’s Oakville, Ontario plant was supposed to build three-row EVs, from 2027… but will build F-Series Super Duty ICE pickups instead. (link)
Ford also abandons its plans in Europe to be all-electric by 2030, says it was “too ambitious”. (link)
Porsche says its goals of having 80% of its sales EV by 2030 were too ambitious. For context, Porsche’s EV sales in the first half of 2024 were down -49.9% from last year, selling only 9,000 Taycans.
Genesis says it will ‘focus on hybrids first’ and moves away from the only-all-electric model launches from 2025 goal.
Luca de Meo, Renault CEO, says they’ll need a little more flexibility in terms of EU’s ICE ban of 2035, and says “We are not on course to achieve 100% fully electric vehicles by the middle of the next decade. That’s the truth.”
But the EV world keeps moving on:
Tesla has been granted a license to sell its vehicles in Kentucky, after being previously barred from certain sales due to its direct-to-consumer model violating legislation requiring vehicle sales to be made through a franchised dealership. (link)
China’s government has turned to the World Trade Organization over the EU’s punitive tariffs on EVs. (link)
Singapore will ban the sale of diesel cars and taxis from the 1st of January 2025, with an exception for classic/vintage vehicles. (link) The country will also up the road taxes for renewals of existing diesel vehicle registrations.
General Motors has to pay a $145.8M penalty and forfeit credits worth hundreds of millions of $, after a US government investigation found excess emissions from approximately 5.9 million GM vehicles. (link)
Carvana now integrates the Clean Vehicle Tax Credit of $4,000 into the buying process, so it will be taken off the price already at checkout. (link) The system also asks you some questions to make sure you’re eligible for the tax credit.
Jaguar is ending its EV production contract with Magna Steyr, when it expires this December. This is also where the I-Pace was built. (link) Jaguar now plans to cut production of its five “zero-profit” models and turn into a ‘boutique’ all-electric brand from 2025.
The automaker promises at least three new all-electric models, the “reimagined modern luxury Jaguars” at its own Halewood production facilities. However, this transition leads to dealers in several markets not being able to sell any new Jaguars for about a year. (link)
Rivian has “well over 100,000” pre-orders for the R2 platform, per the VP of Manufacturing, Tim Fallon (link).
In China, in the first quarter of this year, almost two-thirds of EVs available are already cheaper than their internal combustion engine equivalents. (link) Even if you exclude mini cars:
If we jump back to the United States, however, and look at a five-year ownership of the car, a recent J.D. Power maps out the 48 states where (and by how much) the EVs have a cost advantage over their gasoline counterparts. (link)
Per their calculations, the largest savings come in New Jersey, with $10,345 over five years. On the other side, West Virginia sees ICE winning being $1,800 cheaper to own over five years.
Reading tip: Ayvens (formerly Leaseplan | ALD Automotive) released the Mobility Guide which evaluates 47 countries for EV maturity, taking into account the EV adoption, charging infra, taxation and regulation, available BEV models, total cost of ownership and sustainability of the grid (97-page pdf).
EV Sales in the US
We’ve now got the preliminary EV sales of the US for Q1 and Q2, from Kelley Blue Book (a subsidiary of Cox Automotive). (link)
For the first time in the US, Tesla fell under 50% market share of all EVs sold in Q2 (49.7%) with 164,264 sold (304,451 first half of the year). I still can’t believe it has taken so long, and the competition is still not there really if you check the next ones in line:
- #2 was Ford with 23,957 EVs in Q2 (44,180 first half)
- #3 was GM with 21,930 EVs sold (38,355 first half)
If we count only brands not auto groups like GM, EV spot #3 was actually taken by Kia with 17,980 EV sales, and closely followed by Hyundai with 16,815. The first GM brand Chevrolet would be 6th, with 11,217 sales.
Here’s a look at the EV share automakers had in Q2, with pure-play EV makers excluded.
Interestingly, Cadillac EV sales jumped to 7,294 EV sales in Q2 2024, from just 1,348 in Q2 2023. That would be doing of Cadillac Lyriq.
Thanks to the KBB data we also get a look at Rivian’s sales breakdown per model — it sold 8,137 R1S SUVs, 3,309 R1T pickup trucks, and 2,344 EDV delivery vans in Q2.
Per NADA, all-electric vehicles made up 6.9% of overall sales in the US in the first half of 2024.
From the data, we also found that in Q2, Cybertruck became the best-selling electric pickup in the US, with 8,755 Cybertrucks sold against 7,902 F-150 Lightnings, 3,309 Rivian R1Ts, 2,929 Hummers and 2,196 Chevy Silverados.
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